An organization authorized by the SBA to make insured loans to small businesses that are expected to increase economic activity within a specific geographic area is referred to as a(n)_____.

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A community development organization is a non-profit entity authorized by the SBA to provide insured loans to small businesses that promote economic development within a designated community or neighborhood. These organizations typically focus on providing loans to underserved or economically disadvantaged areas, with the goal of creating jobs and stimulating economic growth. Accelerators are entities that provide support and resources to help startups grow and scale their businesses, while economic cooperation organizations refer to groups that work together to promote economic development or solve common challenges. A limited partnership is a type of business structure in which one or more partners have limited liability for the business's debts and obligations.

An Organization Authorized by the SBA to Make Insured Loans